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AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

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Market Size, Share, Trends, Demand, and Forecast of Payment Reconciliation Software in 2022

Vinculum

A report mentioned by IMARC Group with title mainly called Account Reconciliation Software market includes Global Industry shares, opportunity, size, share, trends, and forecast 2022-2027. Billion by 2027, along with a CAGR of approximately 14.80% between 2022 and 2027. The market hikes up to US$5.8 On-premises.

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Why Experiential Retail Might Just be The Secret to Customer Success

Locus

The brand provides buyers with a hi-tech omnichannel experience through its in-store implication of RFID, which also creates a smooth purchasing experience. Community marketing enables shoppers to enlist others’ help in making purchase decisions. This type of retail practice can stimulate consumers’ purchasing senses.

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The 10 inventory management trends to watch for in 2022

Unleashed

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

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The Evolution of Ecommerce: Three omnichannel capabilities COVID-19 is driving!

Vinculum

Retailers are both revising their forecasts and, in many cases, accelerating tactics to combat the trend. Here are the three most significant trends COVID-19 is driving that will define the future of the retail industry. Inventory Optimization: Inventory optimization is a major component of omnichannel transformation.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price. Even slight delays or inventory shortages can have a severe impact on a company’s bottom line. million USD by 2027, growing at a CAGR of 4.5 million USD in 2019.